CASA PALMA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
CASA PALMA
Largest movements
- Receivables within one year +€258,760
up €258,760 (+522%), from €49,587 to €308,346
- Cash -€57,642
down €57,642 (-56.7%), from €101,700 to €44,057
mainly Receivables within one year (-€258,760) and Other debts (-€23,788)
- Tangible fixed assets -€20,321
down €20,321 (-48.1%), from €42,290 to €21,969
of which Plant, machinery and equipment: -€11,430
- Trade debts +€153,266
up €153,266 (+173%), from €88,445 to €241,711
- Tax, wage and social debts +€47,455
up €47,455 (+113%), from €42,012 to €89,467
of which Taxes: +€25,842
- Other debts -€23,788
down €23,788 (-36.8%), from €64,584 to €40,796
- Profit (loss) carried forward +€3,863
up €3,863 (+50.4%), from -€7,665 to -€3,802
- Gross operating margin +€20,603
up €20,603 (+17.1%), from €120,814 to €141,417
- Staff costs +€5,556
up €5,556 (+5.2%), from €107,301 to €112,857
From the 2022 result to the 2023 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €193,577 | €374,373 | +€180,796 | +93.4% |
| Fixed assets | 21/28 | €42,290 | €21,969 | -€20,321 | -48.1% |
| Tangible fixed assets | 22/27 | €42,290 | €21,969 | -€20,321 | -48.1% |
| Plant, machinery and equipment | 23 | €25,503 | €14,073 | -€11,430 | -44.8% |
| Furniture and vehicles | 24 | €16,787 | €7,896 | -€8,891 | -53.0% |
| Current assets | 29/58 | €151,286 | €352,404 | +€201,117 | +133% |
| Amounts receivable within one year | 40/41 | €49,587 | €308,346 | +€258,760 | +522% |
| Trade receivables | 40 | €49,587 | €308,346 | +€258,760 | +522% |
| Cash at bank and in hand | 54/58 | €101,700 | €44,057 | -€57,642 | -56.7% |
| Total equity and liabilities | 10/49 | €193,577 | €374,373 | +€180,796 | +93.4% |
| Equity | 10/15 | -€1,465 | €2,398 | +€3,863 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,665 | -€3,802 | +€3,863 | +50.4% |
| Amounts payable | 17/49 | €195,042 | €371,975 | +€176,933 | +90.7% |
| Amounts payable within one year | 42/48 | €195,042 | €371,975 | +€176,933 | +90.7% |
| Trade debts | 44 | €88,445 | €241,711 | +€153,266 | +173% |
| Suppliers | 440/4 | €88,445 | €241,711 | +€153,266 | +173% |
| Taxes, remuneration and social security | 45 | €42,012 | €89,467 | +€47,455 | +113% |
| Taxes | 450/3 | €10,603 | €36,445 | +€25,842 | +244% |
| Remuneration and social security | 454/9 | €31,409 | €53,022 | +€21,613 | +68.8% |
| Other amounts payable | 47/48 | €64,584 | €40,796 | -€23,788 | -36.8% |
| Remuneration, social security and pensions | 62 | €107,301 | €112,857 | +€5,556 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,510 | €20,321 | -€188 | -0.9% |
| Other operating charges | 640/8 | €1,707 | €406 | -€1,301 | -76.2% |
| Gross operating margin | 9900 | €120,814 | €141,417 | +€20,603 | +17.1% |
| Operating profit (loss) | 9901 | -€8,704 | €7,833 | +€16,537 | |
| Financial charges | 65/66B | €4,310 | €3,970 | -€340 | -7.9% |
| Recurring financial charges | 65 | €4,310 | €3,970 | -€340 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,014 | €3,863 | +€16,877 | |
| Profit (loss) for the period | 9904 | -€13,014 | €3,863 | +€16,877 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,014 | €3,863 | +€16,877 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.